GDP / Output
Unavailable YoY
NA
Unavailable
Local GDP is unavailable for this geography.
Vintage date unknown
State growth5.4%
U.S. growth5.3%
Jobs
Unemployment rate
71
3.7%
Unemployment is 3.7% for June 2026.
Vintage date unknown
State avg4.3%
U.S. avg5.2%
Population
+1.2% 5-year
57
9,065
Population moved +1.2% over the latest ACS window.
Vintage date unknown
State population8,705,170
U.S. population334,922,499
Housing
Rent share of income
55
32.5%
Median rent consumes 32.5% of median household income: Strained.
Vintage date unknown
State rent$1.6K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$7.9K per resident
98
$887.5M
$887.5M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$214.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
Industry GDP mix is unavailable for this geography.
FY2025
Federal Money
Federal obligations
$887.5M
$7.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$651.1M
2. Department of Defense$109.1M
3. Department of Veterans Affairs$52.2M
Top recipients
Dollars1. NORTHROP GRUMMAN SYSTEMS CORPORATION$89.0M
2. VIRGINIA DEPARTMENT OF TRANSPORTATION$24.8M
3. ELDER RESEARCH, INC.$13.6M
Strained
Housing Affordability
32.5%
of median income
1BR estimate$1,165
2BR estimate$1,535
Median income$52,546
Median home value$442,600
ACS context
Quick Facts
Population
9,065
Median age
19.6
Bachelor's degree+
66.7%
Poverty rate
23.8%
Labor force participation
36.9%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
June 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-31
HUD Fair Market Rent
Latest available
Data notes
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+0.2%
GDP CAGR
Unavailable
Federal flow
5 years
Population (5 years)
20208,955
20219,384
20229,648
20239,159
20249,065
2-year linear forecast
Predictive Outlook
Population forecast
20249,065
20259,241 *
20269,240 *
R² = 0.0% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$52,546/yr
Median rent$1,421/mo
Rent share of income32.5%
Est. mortgage (30yr, 6.5%)$26,856/yr
Mortgage share of income51.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.7%
State avg4.3%
U.S. avg5.2%
Labor force participation36.9%
Poverty rate23.8%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$442,600
Median monthly rent$1,421
Price-to-rent ratio26.0x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score66/100
Economic growthN/A
Labor market71/100
Population momentum57/100
Overall stability67/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.